Option Millionaires

[uranium-pinto-beans]

The PBoC's recent 50-bps reserve requirement ratio cut took effect today.
European Central Bank policymaker Makhlouf said that the ECB should announce at least a 50-bps rate hike at the conclusion of the December meeting. ECB policymaker Centeno said that the inflation peak could be reached in Q4 while France's Finance Minister Le Maire said that reaching the inflationary peak could take "some months."
S&P affirmed France's AA rating but lowered the outlook to Negative from Stable while Moody's affirmed France's AA rating and maintained a Stable outlook.
Fitch affirmed Spain's A rating with a Stable outlook.
China's November Caixin Services PMI fell to 46.7 from 48.4 (expected 48.0).
Japan's November Services PMI rose to 50.3 from 50.0 (expected 50.0).
India's November Nikkei Services PMI rose to 56.4 from 55.1 (expected 55.4).
Singapore's October Retail Sales were up 0.1% m/m (last 3.2%) and up 10.4% yr/yr (last 11.3%).
Hong Kong's November Manufacturing PMI fell to 48.7 from 49.3.
Australia's November Services PMI fell to 47.6 from 49.3 (expected 47.2) and AIG Construction Index rose to 48.2 from 43.3. Q3 Company Gross Operating Profits were down 12.4% qtr/qtr (expected 0.3%; last 7.8%). Q3 Business Inventories were up 1.7% qtr/qtr (last 0.5%).
Eurozone's October Retail Sales were down 1.8% m/m (expected -1.7%; last 0.8%) and down 2.7% yr/yr (expected -2.6%; last -0.6%). November Services PMI fell to 48.5 from 48.6 (expected 48.6). December Sentix Investor Confidence improved to -21.0 from -30.9 (expected -27.6).
U.K.'s November Services PMI remained at 48.8, as expected.
Germany's November Services PMI fell to 46.1 from 46.5 (expected 46.4).
France's November Services PMI fell to 49.3 from 51.7 (expected 49.4).
Italy's November Services PMI rose to 49.5 from 46.4 (expected 48.3).
Spain's November Services PMI rose to 51.2 from 49.7 (expected 50.5).